Gandhar Oil Refinery (India) Ltd has announced changes in its Key Managerial Personnel (KMPs) authorized for determining the materiality of events and making disclosures to stock exchanges. This move, approved by the company's Board of Directors, aims to enhance regulatory compliance and transparency in communication with investors.

Key Changes

The Board of Directors, in a meeting held on December 8, 2025, approved the following changes:

These KMPs are now authorized under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for:

1. Determining the materiality of an event or information
2. Making disclosures to stock exchanges

Regulatory Context

This change aligns with Regulation 30 of the SEBI (LODR) Regulations, 2015, which mandates listed entities to disclose material events or information to stock exchanges. The designation of specific KMPs for this purpose ensures streamlined and accountable communication with the markets.

Contact Information

For investor queries and regulatory disclosures, the authorized KMPs can be reached at:

Transparency Measures

In line with its commitment to transparency, Gandhar Oil Refinery has stated that this information will be available on the company's official website at https://gandharoil.com .

The appointment of these authorized personnel underscores Gandhar Oil Refinery's dedication to maintaining open and compliant communication channels with its stakeholders and regulatory bodies. This move is expected to facilitate more efficient and accurate dissemination of material information to the market.

Gandhar Oil Refinery , a prominent player in the oil refinery sector, has reported robust financial results for the second quarter of fiscal year 2026 (Q2FY26), showcasing significant growth across key metrics.

Financial Highlights

The company's performance for Q2FY26 demonstrates substantial improvement:

Operational Performance

Gandhar Oil Refinery has also reported strong operational results for the first half of FY26:

• Consolidated manufacturing volumes reached 261,524 KL in H1FY26
• Year-on-year growth in manufacturing volumes: 9.00%

Market Drivers

The company attributes its growth to robust domestic demand, particularly in two key segments:

1. Pharmaceutical sector
2. Personal care industry

These sectors have contributed significantly to the increased demand for Gandhar Oil Refinery's products, driving the company's overall performance.

Analysis

The substantial sequential growth in revenue, coupled with an even more impressive increase in EBITDA and PAT, suggests that Gandhar Oil Refinery has not only expanded its sales but also improved its operational efficiency and profitability.

The more than doubling of Profit After Tax is particularly noteworthy, indicating that the company has successfully managed its costs while growing its top line. This could be a result of economies of scale, improved pricing power, or effective cost management strategies.

The 9.00% year-on-year growth in manufacturing volumes for H1FY26 aligns with the revenue growth, showing that the company is effectively translating increased production into sales.

Conclusion

Gandhar Oil Refinery's Q2FY26 results reflect a strong performance in a competitive market. The company's ability to capitalize on growing demand in the pharmaceutical and personal care segments has translated into significant financial gains. As the company continues to leverage these market opportunities, investors and industry observers will likely keep a close watch on its future performance and strategic initiatives.